Roles and responsibilities

The Oversight Board has a fiduciary responsibility to holders of Enforceable Obligations and the taxing entities that benefit from distributions of property tax and other revenues. Commencing July 1, 2018, all Oversight Boards for the various former redevelopment agencies in the County of San Mateo will be consolidated into a single countywide Oversight Board.

The actions of the Oversight Board will be overseen by the State Department of Finance and may be subject to disapproval or modification.